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Home values, rents and more in ZIP code 02723 (Fall River, MA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$437,000
Metro: $522,000 · U.S.: $366,000
Home values, past year
+3.0%
Metro: +3.6% · U.S.: +1.2%
Typical rent
$1,778/mo
Metro: $2,166 · U.S.: $1,932
Rents, past year
+0.4%
Metro: +4.5% · U.S.: +2.9%
Population
17,067
ACS 2020–24
Median household income
$47,633
Metro: $87,040 · U.S.: $80,734
ZIP codes around 02723, shaded by typical home value02723027200272502724
  • Under $450k
  • $450k–$470k
  • $470k–$520k
  • $520k–$560k
  • $560k+
  • No data
ZIP codes around 02723, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 02723 is outlined.

How 02723 compares

The typical home in ZIP code 02723 (Fall River, MA) is worth about $437,000, according to the Zillow Home Value Index for September 2026. Home values in 02723 are 16% below the typical value in the Providence metro area ($522,000) and 19% above the U.S. typical value ($366,000).

Over the past year, home values in 02723 rose 3.0%, compared with +3.6% in the Providence metro area and +1.2% nationally.

Typical rent is $1,778 a month (Zillow Observed Rent Index), 18% below the Providence metro area ($2,166) and 8% below the U.S. ($1,932). Rents rose 0.4% over the past year.

The median household income is $47,633, against $87,040 in the Providence metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 17,067 people live in 02723 (American Community Survey 2020–24).

02723 has the 20th-lowest typical home value of the 101 ZIP codes in the Providence metro area and the 106th-lowest of 484 in Massachusetts with Zillow figures.

Part of: Fall River, MA · Bristol County, MA · Providence metro area · Massachusetts

More for 02723 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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